Line Of Credit Contract Template for Ireland

1. Security: Required if the facility is secured - details of security arrangements and enforcement rights

2. Guarantee: Required if there is a guarantor - terms of guarantee and guarantor obligations

3. Insurance: Required if specific insurance is mandatory - insurance requirements and provisions

4. Set-off Rights: Optional provision allowing lender to set off debts against other accounts

5. Assignment and Transfer: Include if transfer rights are to be granted to either party

6. Multi-currency Provisions: Required if the facility can be drawn in multiple currencies

7. Increased Costs: Include if lender wants protection against regulatory cost increases

8. Market Disruption: Include for EURIBOR/variable rate facilities to address market disruption

9. Data Protection: Detailed GDPR compliance section if not covered in standard terms

1. Schedule 1 - Conditions Precedent: Detailed list of required documents and conditions

2. Schedule 2 - Form of Drawdown Notice: Template for borrower to request drawdown of funds

3. Schedule 3 - Calculation of Interest Rate: Detailed methodology for interest calculation

4. Schedule 4 - Fees and Charges: Comprehensive list of all applicable fees and charges

5. Schedule 5 - Repayment Schedule: If applicable, schedule of repayment dates and amounts

6. Appendix A - Standard Terms and Conditions: General terms and conditions applicable to the facility

7. Appendix B - Security Documents: If secured facility, forms of security documents

8. Appendix C - Compliance Certificate: Template for periodic compliance certification by borrower